SBI lowers India's GDP rate to 4.6 % for 2019-20

State Bank of India has downgraded India’s GDP Growth forecast for FY20 to 4.6 % from 5 %.
The SBI Ecowrap report even predicted growth rate to remain below 6 % for the two years in a row.
State Bank of India was Established on 1st July 1955 under the SBI Act 1955.
Headquarter - Mumbai
Chairperson- Rajnish Kumar